Quote from: burnourdough on February 18, 2015, 06:45:52 AM

Quote from: jc12345 on February 18, 2015, 04:30:13 AM

Quote from: vince232 on February 18, 2015, 03:59:50 AM

can someone explain ths to me

Max coinage will be 16 days
Constant staking will never make it to 16 days
To maximize staking yield, reset coinage upon receiving a stake for 0.00
Encourages active, 'manual' minting, while keeping inflation controlled without limiting stake or raising fees. 0 return means you have split as low as you can go. That stake round is over
Six Decimals. Plan accordingly

what do you mean by 16 days.
and how can i reset coin age
what does reset coinage upon receiving a stake mean? is it when i get a reward i should do what to maximize?

Well said up to just before your questions at the end.

Regarding your questions - coinage is how long your coins have been in your wallet without being moved to another address. When coinage gets to 1 hour your coins become mature and are eligible for staking. When coinage gets to 16 days it stops being eligible for staking. Resetting coinage means sending your coins to another address and sending it back again so that the coinage is reset to 0. After 1 our it starts staking again and so the cycle continues. You have to find the optimal way of moving your coins manually at the right times to ensure you get the maximum stake. The chances are high that you will get to 0.00 stake long before the 16 days are over, meaning that you have to move your coins to reset the coinage long before the 16 days are over.

To reset your coinage therefore, send it to another address and back. I send coins to another wallet and back. Others say they send it to another address in the same wallet - I am just old school.

What about sending them at the exact same address, i.e. yourself? Seems to work for the last PoS coin I held

I personally wouldn't know as I always create new addresses inside my wallet so I always have 2+ different addresses inside the same wallet.dat of various coins.

I like to play it safe and just create a new address to send to myself or receive.